Effective October 2015 Visa will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks. This remedy represents an opportunity for the airline industry to recoup millions of dollars lost each year in “friendly fraud,” which occurs when a cardholder claims fraud for a transaction they were involved in.
Apple Pay is making everyday payments even better by adding support for rewards programs and store-issued credit and debit cards with iOS 9. Apple Pay will also give shoppers more ways to pay in the US, expanding merchant acceptance to over one million locations next month and bringing support for Discover this fall.
Apple unveiled iOS 9 making devices more intelligent and proactive with powerful search and improved Siri features. New multitasking features designed specifically for iPad allow you to work with two apps simultaneously, side-by-side or with the new Picture-in-Picture feature, to keep watching a video while browsing the web, composing email or using any other app.
TSYS and FICO released a new report titled “Engaging Customers: Why Should Financial Institutions Move Toward a ‘Bring Your Own Persona’ Approach.”
TSYS announced Chip Card on Demand, a new card manufacturing service that allows chips to be added to EMV-capable magnetic stripe cards or customized cards from TSYS Card Shop” as needed by issuers ” during the production process.
Coupa Software announced a strategic alliance with MasterCard. The partnership, which has been formed through MasterCard’s Commercial Products and Enterprise Partnerships teams, aims to develop a set of services that further enhance the payment experience of Coupa’s more than 500 customers.
Kohl’s will be among the first retailers to integrate both its Kohl’s Charge private credit card as a form of payment as well as its successful Yes2You Rewards loyalty program within Apple Pay.
Walgreens launched its app for Apple Watch that helps people take medications as prescribed through the easy-to-use Pill Reminder and Refill Reminder features as well as make easy payments. Walgreens also announcedthe planned integration of Balance Rewards with Apple Pay, coming this fall to stores with the launch of rewards support for Apple Pay.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Jeff Scott, Chief Executive Officer of Infinite Peripherals.
In today’s CardFlash News Que: TABBED-OUT (funding); YELLOWPEPPER (Carta); M&T (EMV); and GLOBAL PAYMENTS;
Columbus-based Card Services business, a premier provider of branded private label, co-brand, and commercial credit programs, has signed a new multi-year agreement to provide private label credit card services for Cornerstone, a business unit of HSN.
Verifone reported net revenues for the quarter ended April 30th were $490 million, compared to $466 million a year ago, a 5% increase. the Company says more certified solutions and offerings is beginning to yield benefits.